Inland Homes Share Discussion Threads

[p1966] 01/5/2020 12:24

CityAM - house prices to bounce back. DYOR.https://www.cityam.com/uk-house-prices-set-for-sharp-recovery-after-coronavirus-lockdown/?utm_source=newsletter&utm_medium=email&utm_campaign=Midday+newsletter+June+2019

[skyship] 30/4/2020 15:22

MMs marked the INL ZDPs (INLZ) up a couple of points on today's cash raise.

Cheapest offer now 148.9p, ie 149.66p inc. costs. At that the GRY for 4yrs to 201.4p on 10/04/2024 = 7.81%pa.

Still a great corner of a SIPP, because not many drawdown much over 7%pa.

[deadly] 30/4/2020 15:11

Got my allocation in the placing; let's see if they put it into my broker's a/c which is not on their list of known ones.

[pavey ark] 30/4/2020 14:33

They are likely to have paid all their sub contractors off and saved up for the new, super, senior management bonus scheme.

[spot1034] 30/4/2020 14:10

Persimmon said the other day they haven't taken advantage of government assistance.

[pavey ark] 30/4/2020 13:58

The point to be remembered here is that the other major house builders simply CANNOT buy any land from INL while they are getting government cash and possibly for some time after they are back up and running.

If you are getting government cash you can hardly pay a dividend , up the CEO's salary and splash out on land purchases.....although I wouldn't put it past some of them trying!!!

[irishmatt] 30/4/2020 13:44

Agree they got reduced but Wicks did throw in another £250k of new cash so must be fairly confident

[skinny] 30/4/2020 13:37

Confirmation :- .

"Application has been made to the London Stock Exchange for the admission of the New Ordinary Shares to be admitted to trading on AIM. Admission is expected to take place at 8.00 a.m. on 5 May 2020. The Placing is conditional, inter alia, upon Admission becoming effective and the Placing Agreement becoming unconditional and not being terminated".

[cerrito] 30/4/2020 13:35

Given the lack of institutional shareholders, the rather sombre trading statement, the fact that the offer price was the same as the market price of last week and that Wicks/Malde allowed their position to be reduced, a good show that it was completed so quickly.

[owenga] 30/4/2020 13:11

Strange, MMS seem to be holding bid at 50p even though it's all sells at moment. Maybe they want the placing all sorted out first before they let it drop further. Any thoughts on that?

[davebowler] 30/4/2020 13:06

Offer fully taken up and closed at 11.

[christh] 30/4/2020 11:35

Well, I do hope you made it .
I still got my fevertree and BOO and LTG and PRSM and hope the breakout out is coming.

So I joined the INL investors and hope for the best.

gla

[skinny] 30/4/2020 11:30

Christh - yes and some............. not!

[christh] 30/4/2020 11:29

Skinny,
hello....you made your millions yet?

[deadly] 30/4/2020 11:09

Didn't take long to close the book then. Good news I hope.

[irishmatt] 30/4/2020 11:09

That filled pretty quickly

[steve36] 30/4/2020 11:07

Registered with PrimaryBid but seems I was too late and the offer has closed.

[skinny] 30/4/2020 10:53

Thanks for that Cerrito - me too!

[its the oxman] 30/4/2020 10:48

Also subscribed for a few more. Looks an attractive entry point. Could easily see this break 100p over the next two years if normality returns and we get nav uplifts from a few more planning successes.

[irenekent] 30/4/2020 10:33

I too bought some through PrimaryBid. Had a bit of trouble registering; they have a weird way of listing birthdates (fullyear-month-day). Does seem that you have to have a broker account and if you want certificates there is a fee for that. They call it a settlement fee. Not quite as advertised with no fees.

[cerrito] 30/4/2020 10:21

I decided to go in for a few more to road test the primary bid mechanism as I have had some false starts in the past .However I do not have a trading account and deal via ISA or SIPP accounts and was told I can only use Primary Bid with a trading account so will not be joining you.
Not all that fussed.

[scburbs] 30/4/2020 09:39

PrimaryBid looks like a good idea to allow retail investors to participate and well done to INL for using it.

I subscribed for some, it didn't explicitly say that the allocation had gone through although they took payment (confirmation post completion of offer).

[christh] 30/4/2020 09:21

I took a chance and got a few thousand pounds worth.

[mw8156] 30/4/2020 09:13

a high-risk proposition, net debt 150m before this fund raise so support of lenders vital, how did they get in this position, too many developments and stymied by the stalled land sales...?

[deadly] 30/4/2020 09:13

Anyone subsrcribed to the placing via Primarybid? I have, let's see how it goes.